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Next Generation Innovation

Active
Private limited companyfounded 2012active for 14 yearsLouizalaan 287/16, 1050 Elsene, Belgium75 active companies are registered at this addressKBO/BCE: BE 0847.372.895
Summary

The computed 12-month bankruptcy probability of Next Generation Innovation is 2.2% (moderate). The 2025 annual accounts show negative equity (-€3.9m) and a net result of €65,341. Equity is shrinking by about 59% per year across the filed financial years. Its solvency ranks better than 5% of 3,317 sector peers (NACE 62, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Other information technology and computer services
NACE 62900Computer programming NACE 62100
1 site
Size
€883,360total assets 2025
Staff
3.4 FTE
Equity
-€3.9m
Profit
€65,341
Turnover not published (abbreviated format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Parent
NGA HOLDING BV
Accounts 2 days early3 of 12 deeds read
Why 51raises riskNegative equity -€3.9mEx-officio strike-off in the KBO1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -439.2% of total assets
Liquidity 27-23
short-term debt 515.0% · cash 21.7%
Profitability 28+28
return on assets 7.4%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,855 companies, NACE 62, micro)
Last 24 months 11-2024: 2.0% 12-2024: 2.5%▲ +0.5 percentage points vs 11-2024 01-2025: 3.1%▲ +0.6 percentage points vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 4.6%▲ +1.5 percentage points vs 03-2025 05-2025: 4.4%▼ -0.2 percentage points vs 04-2025 06-2025: 4.5%▲ +0.1 percentage points vs 05-2025 07-2025: 4.6%▲ +0.1 percentage points vs 06-2025 08-2025: 4.4%▼ -0.2 percentage points vs 07-2025 09-2025: 4.1%▼ -0.3 percentage points vs 08-2025 10-2025: 5.1%▲ +1.0 percentage point vs 09-2025 11-2025: 5.1%● unchanged vs 10-2025 12-2025: 5.1%● unchanged vs 11-2025 01-2026: 5.1%● unchanged vs 12-2025 02-2026: 5.2%▲ +0.1 percentage points vs 01-2026highest value 03-2026: 5.0%▼ -0.2 percentage points vs 02-2026 04-2026: 5.0%● unchanged vs 03-2026 05-2026: 4.7%▼ -0.3 percentage points vs 04-2026 06-2026: 4.6%▼ -0.1 percentage points vs 05-2026 07-2026: 4.8%▲ +0.2 percentage points vs 06-2026 08-2026: 1.4%▼ -3.4 percentage points vs 07-2026lowest value 09-2026: 1.4%● unchanged vs 08-2026lowest value 10-2026: 2.2%▲ +0.8 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.1, compared with 0.18 in 2024, below 1; short-term debt: 515% and cash: 21.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 3% on solvency, 10% on liquidity, 16% on profitability and 46% on growth.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity -€3.9m
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 3317 sector peers (2025).
NBB · sector comparison
Position among 3317 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
57 days late
2023
233 days late
2022
64 days late
2021
12 days late
2020
79 days late
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 67 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 September (4 of the last 5 filed years within 59 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Roel Boons
  2. Registered office · Amendment of the…Registered-office move · Capital conversion…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€3.9m View
  • Caution: Among the weakest 5% on solvencysector median 46.7% · 3,317 companies -439.2% View
  • Positive: Back in profit in 2025after -€1.3m in 2024 €65,341 View
  • Controlled by NGA HOLDING BV parent View

By topic

Financials

Financial year
2025
Total assets
€883,360
Profit
€65,341
Solvency
-439.2%
Total assets▼ 46.4%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2014
Next accounts
by 31-07-2027
  1. 31-12-2025Back to profit
  2. 26-09-2025Annual accounts filed
  3. 19-09-2025UBO non-compliance
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other information technology and computer servicesNACE 62900
Founded
13-07-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
22
Purpose
“Onderzoek, ontwikkeling, marketing, analyse, distributie, import, export, aan- en verkoop…” (deed in Dutch)
Go to Articles of association

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